Description

The fund aims to achieve the optimal long-term total return by balancing both the growth of capital and the generation of income. It invests its assets in a broad spectrum of underlying T. Rowe Price mutual funds, encompassing various stock and bond categories across diverse asset classes and market sectors. The portfolio's asset allocation strategically evolves over time, shifting as it approaches its designated target retirement date. This investment vehicle is specifically structured for the retirement year of 2010, as indicated in its name, and operates on the assumption of a retirement age of 65.